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Technology Stocks : Wind River going up, up, up!

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To: Don Mosher who wrote (1576)7/21/1997 2:40:00 PM
From: mike angelo   of 10309
 
Don,

Even though your post is addressed to Allen, I would like to add my 2 cents. By throwing more weight into one company, you substantially increase your risk, as well as your reward. Should WIND continue to do well, the strategy will be very rewarding. However, if some unforeseen event transpires that causes the company to lose momentum in the market and the stock takes a fall, you will lose a great deal of money. I guess I am only stating the obvious, but I say that because I have experienced that event.

One stock I owned and had a great deal invested in went to the moon, and my portfolio skyrocketed. However, I proceeded to place money in a risky stock (not in WINDs condition)that fell, and I lost a tremendous amount of that profit.

So all in all, I guess it comes back to your comfort level with risk. Being retired, I imagine you have less income to risk than someone receiving a steady paycheck.

Mike
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